EUR/USD Technical Analysis: rangebound expected to persist in the near term
- EUR/USD keeps facing strong resistance in the vicinity of the 1.1480 region today, where is located the key 100-day SMA.
- The so far multi-week sideline theme between 1.1200 and 1.1500 is poised to prevail in the sort-term horizon, while a test of the 1.1300 neighbourhood remains on the cards as long as the resistance line, today at 1.1564 caps the upside.
- The surpass of the critical 1.1500/50 band should allow a test of the 1.1600 handle and above, home of later October tops.
EUR/USD daily chart
EUR/USD
Overview:
Today Last Price: 1.1462
Today Daily change: 22 pips
Today Daily change %: 0.192%
Today Daily Open: 1.144
Trends:
Previous Daily SMA20: 1.1399
Previous Daily SMA50: 1.1376
Previous Daily SMA100: 1.1479
Previous Daily SMA200: 1.1639
Levels:
Previous Daily High: 1.1486
Previous Daily Low: 1.1422
Previous Weekly High: 1.1586
Previous Weekly Low: 1.1309
Previous Monthly High: 1.1486
Previous Monthly Low: 1.1269
Previous Daily Fibonacci 38.2%: 1.1446
Previous Daily Fibonacci 61.8%: 1.1461
Previous Daily Pivot Point S1: 1.1413
Previous Daily Pivot Point S2: 1.1386
Previous Daily Pivot Point S3: 1.135
Previous Daily Pivot Point R1: 1.1477
Previous Daily Pivot Point R2: 1.1513
Previous Daily Pivot Point R3: 1.154